Value Capture Strategies -June and July Webinars
The next three Value Capture series webinars are open for registration. Please join us to hear about Value Capture Strategies; Public-Private Partnerships, Tax Increment Financing - the Primer, and Transportation Investment Zones - the Primer.
Value Capture Strategies and Project Delivery: Public-Private Partnerships
Wednesday, June 9, 1:00 - 3:00 PM EDT
The webinar features experts discussing best practices and presenting case studies of value capture (VC) and public-private partnerships (P3s) in transportation funding and project delivery.
Value Capture strategies can leverage private investment without depending on municipal financing. Contributions from private sector investors can help generate economic, social, environmental benefits, and meet other local objectives. These strategies include special assessments, tax increment financing, and development impact fees, as well as negotiated approaches such as developer contributions, air rights, and joint development agreements. Revenues can be used for capital expenditures, as well as operations and maintenance costs. VC-generated revenues can also support innovative delivery methods, such as P3 structures where private investors will expect a return on investment. A partnership is most successful when it creates value for all partners, and VC offers path for all parties to realize returns on their investments.
Register here:
Value Capture Strategies and Project Delivery: Public-Private Partnerships (connectsolutions.com)
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Value Capture Strategies: Tax Increment Financing – The Primer
Wednesday, June 16, 1:00 - 3:00 PM EDT
Does your community need funding for transportation infrastructure or other public improvements? Tax Increment Financing, or “TIF,” is a VC financing method used to help fund infrastructure that can catalyze economic development and recover or grow jobs. It uses anticipated future increases in tax revenues resulting from a specific development project or projects across a designated district to help pay for current costs associated with development.
This webinar you will learn more about TIF as it might be a useful tool for your state and local authorities.
Register here:
Value Capture Strategies: Tax Increment Financing – The Primer (connectsolutions.com)
Value Capture Strategies: Transportation Reinvestment Zones – The Primer
Wednesday, July 14, 1:00 - 3:00 PM EDT
Do you know which economic development tools are available to fund transportation infrastructure projects to attract new development or retain businesses to your community? Do you need infrastructure to accommodate your communities’ anticipated growth or assistance in implementing Incremental Growth Techniques?
FHWA will roll out the Transportation Reinvestment Zones – The Primer designed to provide information to state and local authorities looking for new and innovative funding sources to help pay urban, suburban, and rural public roads as well as spur economic development and redevelopment.
A TRZ allows a municipality, county, or port authority to designate a geographic area around a proposed transportation project and capture the incremental property tax and/or sales tax revenue generated in the area for use in funding the development of that project. A TRZ is not a tax increase—it merely allows for the dedication of all or a portion of the incremental increase in tax revenues generated within the boundaries of the TRZ to support the funding of the project which influenced the growth in tax revenues.
Register here:
Value Capture Strategies: Transportation Reinvestment Zones – The Primer (connectsolutions.com)
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